The Descending Triangle is just one piece of the puzzle. See the full technical breakdown.
Bearish continuation pattern.
Reversal pattern. Price likely to break upwards.
Technical analysis of Sempra (SRE) reveals a significant setup. Currently at $91.45, the asset is showing downward momentum (-0.01%). The primary technical feature is a Descending Triangle formation. The trend indicator is reading 27.3/100, suggesting moderate momentum. A potential breakout level is identified at $88.97, targeting $77.78 with support near $94.09 (R:R 2.19).
What is your outlook on SRE?